Sprout Social

Sprout Social, Inc. provides online social media management tools for businesses. It offers communication tools, contact management, lead generation, and analytics services. The company offers solutions for enterprises, agencies, small businesses, customer service, social media marketing, and employee advocacy sectors. Sprout Social was founded by Justyn Howard, Aaron Rankin and Gilbert Lara in 2010 and is headquartered in Chicago, IL.

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Sprout Social reports record Q4 growth and profitability outlook

Sprout Social's Q4 performance reflects strong growth and profitability, driven by enterprise strength, pricing changes, and strategic partnerships. The company is well-positioned for 2023 with a focus on product innovation, pricing evolution, and international market expansion.

Sprout Social accelerates revenue growth through strategic partnerships and enterprise focus

Sprout Social's Q1 2023 performance showcased strong revenue growth, improved margins, and enhanced customer base quality.
Strategic partnerships with key players like Twitter and Salesforce are driving market positioning and revenue diversification.
While challenges like accelerated churn and softness in customer adds exist, opportunities in AI integration and enterprise investments offer avenues for sustained growth.

Sprout Social excels in Q2 2023 with strategic acquisitions and growth opportunities

Sprout Social's Q2 2023 Earnings Call highlighted strong financial performance, strategic acquisitions, and growth opportunities in influencer marketing and customer expansion. While facing challenges in cohort stabilization and revenue projections, the company remains optimistic about its positioning and future prospects.

Sprout Social reports robust Q3 earnings, eyes AI for growth

Sprout Social's Q3 performance showcased strong growth in revenue, ARR, and operating margins. The company's strategic focus on AI, enterprise growth, and product enhancements is driving its competitive edge. Despite challenges in the low-end market segment, Sprout Social remains confident in its outlook and continues to invest in key areas for sustained growth.

Sprout Social excels in Q4, eyes growth through premium products

Sprout Social's Q4 2023 Earnings Call highlighted strong financial performance, strategic customer focus, and growth opportunities in premium products and partnerships. While facing challenges in retention rates and transitioning business offerings, the company remains optimistic about future growth and revenue guidance.

Sprout Social reports solid Q1 growth amidst strategic challenges

Sprout Social's Q1 2024 performance showed strong revenue growth but faced challenges in execution and macro environment. The company's focus on high-value customer cohorts and strategic go-to-market changes aims to drive future growth. Analyst inquiries centered on sales cycles, guidance variability, and the impact of TikTok regulatory changes.

Sprout Social exceeds $100M revenue milestone, eyes enterprise market

Sprout Social's Q3 performance reflects strong revenue growth and a focus on enhancing customer experience. The company's strategic initiatives, product innovations, and leadership changes are positioning them for future success. Despite potential challenges, Sprout Social's financial outlook remains positive, with opportunities for growth and expansion.

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Sprout Social, Inc. engages in the provision of online social media management tools for businesses. It offers communication tools, contact management, lead generation, and analytics services. The firm also offers solutions for enterprises, agencies, small businesses, customer service, social media marketing, and employee advocacy sectors. The company was founded by Justyn Howard, Aaron Rankin, Gilbert Lara, and Peter Soung on April 21, 2010 and is headquartered in Chicago, IL.

Sprout Social's business momentum remains strong and the market has overlooked customer churn issues. The company has shown impressive revenue growth, driven by upmarket trends and successful cross-selling initiatives. The Salesforce partnership and improved sales team productivity position Sprout Social for further growth acceleration.

Sprout Social: Remain Bullish As Business Momentum Continues

Sprout Social (SPT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Sprout Social (SPT) Upgraded to Buy: What Does It Mean for the Stock?

Sprout Social, Inc. (SPT) Q4 2023 Earnings Call Transcript

The headline numbers for Sprout Social (SPT) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Sprout Social (SPT) Reports Q4 Earnings: What Key Metrics Have to Say

CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) --  Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023. “We're pleased to share incredibly strong fourth quarter results,” said Justyn Howard, Sprout Social's CEO and co-founder.

Sprout Social Announces Fourth Quarter 2023 Financial Results Above Guidance Range

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Sprout Social (SPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Sprout Social (SPT) Q4 Earnings Expected to Decline

Social Customer Care by Sprout Social enables brands to provide faster, personalized and complete customer care Social Customer Care by Sprout Social enables brands to provide faster, personalized and complete customer care

Sprout Social Launches New Care Solution to Power Exceptional Customer Experiences

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Sprout Social is the IBD Stock of the Day as the founder-led company rebounds from its 50-day moving average, providing an early entry point.

How Salesforce Partnership Is Helping Sprout Social's Push Up Market

Based on customer reviews and satisfaction, Sprout Social earns G2's top recognition for software products overall Based on customer reviews and satisfaction, Sprout Social earns G2's top recognition for software products overall

Sprout Social Named #1 Best Software Product by G2

Sprout Social's revenue has grown consistently well (CAGR +40%), as Management has executed an aggressive go-to-market strategy, underpinned by a quality platform. Management is continuing to innovate and is supplementing this with M&A. We consider AI and ML to be key opportunities to transform the quality of its offerings. SPT is also benefiting from industry tailwinds, contributing to large customer wins. With both ARR and ACV growing at ~30%, we see an impressive decade ahead.

Sprout Social: High Growth Trajectory And Potentially The Next Big SaaS Company

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CHICAGO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the fourth quarter ending December 31, 2023 after market close on Tuesday, February 20, 2024.

Sprout Social to Announce Fourth Quarter 2023 Financial Results on February 20, 2024

CHICAGO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the promotion of Alan Boyce to Chief Technology Officer (CTO). In this role, he will oversee Sprout's global technology, engineering, IT and compliance organizations. Aaron Rankin will remain at Sprout Social as Co-Founder focused on supporting the executive team and the strategic direction of the Company, and will continue to serve on Sprout Social's Board of Directors.

Sprout Social Announces Promotion of Alan Boyce to Chief Technology Officer

CHICAGO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized by G2 's 2024 Winter Reports as a leader in 150 categories spanning all business segments, from small business to mid-market and enterprise, and across all regions including EMEA, APAC, and the Middle East.

Sprout Social Earns 150 Badges in G2's 2024 Winter Reports, Adding to its Recognition as a Leader Across Business Segments and Global Markets

The Arboretum reaches membership milestone less than a year after its public launch The Arboretum reaches membership milestone less than a year after its public launch

Sprout Social's Community for Marketers, The Arboretum, Surpasses 10,000 Members

CHICAGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Scott Morris to chief marketing officer (CMO), effective December 4, 2023. As CMO, Morris will oversee Sprout's global marketing organization and be a key contributor to Sprout's continued growth.

Sprout Social Names Scott Morris as Chief Marketing Officer

SANTA MONICA, Calif.--(BUSINESS WIRE)-- #influencermarketing--Tagger by Sprout Social, the global technology leader in making influencer marketing more intelligent, releases its first Automotive Industry Index today. The report, which looks at data for the first half of 2023, highlights which auto brands are winning at influencer marketing and how consumer preferences are shifting when it comes to consuming industry content. Leveraging Tagger's social intelligence engine, Signals, the report looks at overall platform.

Tagger by Sprout Social Launches Automotive Industry Index Highlighting Influencer Marketing Trends for Auto Makers, Dealers and More

Sprout Social, Inc. (NASDAQ:SPT ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Jason Rechel - Vice President of Investor Relations and Corporate Development Justyn Howard - Chief Executive Officer, Co-Founder Joe Del Preto - Chief Financial Officer Ryan Barretto - President Conference Call Participants David Hynes - Canaccord Genuity Adam Hotchkiss - Goldman Sachs Robert Morelli - Needham & Company Robert Oliver - Baird Michael Vidovic - KeyBanc Fiona Hynes - Morgan Stanley Matthew VanVliet - BTIG Clarke Jeffries - Piper Sandler Nicholas Zangler - Stephens, Inc. Operator Thank you for standing by. Welcome to the Sprout Social Third Quarter 2023 Earnings Call.

Sprout Social, Inc. (SPT) Q3 2023 Earnings Call Transcript

The headline numbers for Sprout Social (SPT) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Sprout Social (SPT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

CHICAGO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its third quarter ended September 30, 2023. “We're pleased to share incredibly strong third quarter results,” said Justyn Howard, Sprout Social's CEO and co-founder.

Sprout Social Announces Third Quarter 2023 Financial Results Above Guidance Range

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